Nigeria’s Exports Rise to N19 Trillion, USA, France Among Biggest Customers [Video]

• The NBS has provided a detailed breakdown of Nigeria’s trading numbers for the second quarter of 2024
• The bureau stated in a new report that Nigeria’s total exports rose by significantly to N19.4 trillion
• The increase was driven mainly by crude oil, with Spain, the United States, France, and India leading as top export destinations.

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

The National Bureau of Statistics has revealed that Nigeria recorded a total merchandise trade of N31.89 trillion in Q2, 2024, between April and June 2024.

The figure represents a decrease of 3.76% over the value recorded in the preceding quarter and a rise of 150.39% compared to the value recorded in the corresponding period 2023.

The bureau disclosed this in its “Foreign Trade in Goods Statistics” …